97% of filers have received a tax cut. That's 97%, 96% of taxpayers received a tax cut earn less than $200,000. Families that are less than $200,000 and 70% of those [taxpayers who received a tax cut] earn less than $100,000. So it really went into those working families, those entrepreneurs, those small business owners. It's 127 million taxpayers who also then claimed the permanent standard deduction. That goes to folks who don't itemize. (01:33–01:38)
CLAIM
Asserts that 70% of taxpayers who received a tax cut earn less than $100,000.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.